Zhang Han, Head of Mars Cloud Mining Market: Hello everyone, welcome to tonight's Mars Cloud Mining & Force Zone Filecoin Product Introduction Conference. Let me introduce myself first. I am today's host, Zhang Han, Head of Mars Cloud Mining Market. Mars Cloud Mining is a one-stop physical mining machine computing power service platform under Mars Blockchain. It brings together the most elite product, technology, and actuarial teams from well-known companies such as IBM, Motorola, Tencent, Huawei, and Kingsoft, and has extensive and in-depth strategic cooperation with leading companies in the industry. Mars Blockchain was founded by Wang Feng and has received multiple rounds of strategic investment from IDG Capital, Ceyuan Capital, Pancheng Capital, OK Capital, Huobi Capital, Binance Capital, Mingshi Capital, and Matrixport founded by Wu Jihan. Today, we specially invited Bai Li, the head of brand business of the Force Zone, and Tony, the business director of Mars Cloud Mining Filecoin, to the community to give a comprehensive introduction to the product. Welcome our two guests, Bai Li and Tony. Please let Bai Li say hello to everyone first and briefly introduce the Force Zone. Bai Li, Brand Business Director of IPFS Force Zone: Hello everyone, I am Bai Li, the brand business director of IPFS Yuanli District. Let me introduce myself. In addition to the company level, I have always been a loyal believer and evangelist of IPFS/Filecoin. At the same time, as a senior researcher in the distributed storage market, I have many years of management experience in technology and Internet companies in China and Singapore. Next, let me introduce our Force Zone. The IPFS Force Zone focuses on the research, development and sharing of IPFS technology, adheres to the values of value, co-construction, sharing and glory, and has the vision of becoming the mainstream infrastructure service provider of Web3.0. It is committed to making storage safer, more efficient, more open and more economical. As a pioneer of the IPFS ecosystem, IPFS Force Zone has held 129 "Force Zone Open Days" every Tuesday at 7pm. At the same time, as the organizer of the Shanghai and Chengdu branches of the Protocol Labs "Protocol Academy" technical community, we continue to participate in the development of IPFS/Filecoin projects and contribute code to the official community. On the other hand, we also transform IPFS/Filecoin enthusiasts into builders through continuous knowledge preaching, and the number of people covered has now exceeded 100,000. Yuanli District insists on using technology to empower the IPFS/Filecoin community. Years of persistence and technological accumulation have also been recognized by the official Filecoin. At the recent Miners' Conference, we were the only Chinese brand on the list in the world, listed in the Filecoin ecological architecture alongside the Web3 Foundation and Stanford University. Zhang Han: Next, please allow Tony, the Filecoin business director of Mars Cloud Mining, to introduce Mars Cloud Mining and the ForcePool Filecoin computing power product launched by Mars Cloud Mining. Tony, Business Director of Filecoin at Mars Cloud Mining: Hello everyone, I am Tony, Business Director of Filecoin at Mars Cloud Mining. Mars Cloud Mining is affiliated to Mars Blockchain and is a sister company of Mars Finance. I will also briefly introduce them to you here. Mars Finance currently has more than 3 million users and has developed into one of the largest blockchain information service platforms in China. The number of fans on Toutiao exceeds 89,000, ranking first in the industry and also first in Baidu Index. Mars Finance currently has more than 800 communities, directly covering more than 200,000 people. At the same time, it ranks among the top in WeChat Index and WeChat public account subscriptions. Since the establishment of Mars Finance, we have had business cooperation with more than 2,000 blockchain projects, platforms and investment research institutions in the industry. It is based on these collaborations that we have received strong support from the industry's top players in every link of the mining industry chain. This is the basis for us to provide high-quality services. We provide open, professional, transparent and real mining services. Mars Cloud Mining was officially launched on February 27, 2020. In just over four months, it has brought more than 1,000 new miners to the Bitcoin mining industry. The investment ranges from 10,000 to 20,000 yuan. In the past month since the launch of Filecoin computing power products, more than 800 new and old users have joined and are about to become Filecoin first-time miners! This time, the Force Zone Filecoin computing power product was put on the shelves and presented in Mars Cloud Mine in the form of 5T per unit. Many Mars Cloud Mine users knew yesterday that we have opened reservation benefits. A reservation deposit of 100 yuan can enjoy a discount of 588 yuan. At the same time, the Cocoa Exchange also provides users with the benefit of getting 1 FIL futures for every purchase of a Force Zone product. Zhang Han: Everyone has a question. The price of ForcePool Filecoin computing power in Force Zone should be relatively high in the industry. Why do you insist on such a high price and not open sales strategy to third-party channels? Please ask Bai Li to answer Bai Li: The high price is backed by high quality. To put it simply, this is the case. Let me explain in detail why. In the process of research and development around Filecoin, we have customized a variety of intelligent mining systems. In the subdivided links such as data sealing, chain synchronization, storage proof, and operation and maintenance, there are complete customized programs to efficiently execute scripts on schedule. At the same time, as the first mining system designed with cluster architecture as the concept, ForcePool has fully perfected its entry preparations at this stage, whether it is high scalability or high fault tolerance. Highlight the key points! The first cluster architecture, which is also what the official has always recommended. Of course, as more and more users use ForcePool, they can enjoy safe and stable services while also differentiating costs. In general, our pricing does not have a high premium, and more of it is taken from users and used for users. Maximizing the interests of our customers is the most important thing. Audience: Is there anything different about the Force mining pool? Bai Li: There are indeed many manufacturers in the market that are making related arrangements. We at Force Zone have always been providing mining pool services and have not been involved in mining machines. There are currently two ways to participate in mining, one is to stack mining machines, and the other is cluster architecture. There is a difference in the data trend between cluster scheduling and single-machine stacking. The computing power growth of stacking single machines is very linear, and the scalability is relatively weak. The trend chart shows linear growth and occasional cliff drops. The cluster has an exponential growth trend space. When there is a problem with the network or node operation, it can better avoid the cliff drop and can be corrected in time. Especially in the computing power level that best reflects Filecoin mining. Filecoin officials have always advocated cluster solutions, and we have communicated with the officials many times in the early stage. Our technical and development teams have finalized a solution that combines homogeneous and heterogeneous clusters, and have also shown relatively good performance in different stages of the test network. Another very important point is that at the operation and maintenance level, under collective scheduling and professional operation and maintenance, the computing power can be increased while the stability can be improved, making mining safe and worry-free. The architecture of the Force Mining Pool Zhang Han: Next question, why did Mars Cloud Mine become the first computing power platform to list ForcePool computing power in the Force Zone? How did the two parties reach a cooperation? Why does Mars Cloud Mine sell 5T per unit? How is the reservation for 588 yuan per unit customized? Bai Li: We are also very happy to cooperate with Mars. The online press conference with thousands of people when Mars Cloud Mining was launched at the end of February was spectacular. At that time, we were thinking about the significance of Mars considering this layout. However, in just a few months, we can see that the development of Mars Cloud Mining is indeed very good. As we mentioned earlier, the Force Zone attaches great importance to the brand and users. Choosing a reliable partner is responsible for both us and our users. Everyone knows that Mars Cloud Mining, as a third-party cloud mining platform, provides professional one-stop services to the majority of miners. As a one-stop physical mining machine computing power service platform under the Mars Blockchain, which is backed by China's top capital, Mars Cloud Mining's strength is obvious to all. Give Mars a call As the mainnet is about to be launched, it is natural for us to reach cooperation with Mars Cloud Mining and launch the Force Mining Pool service. Compared with the market exploration stage last year, the current Filecoin market is more in line with the characteristics of the development stage. In order to better contact more enthusiasts and participants, we have worked with Mars Cloud Mining to formulate the sales rules for each 5T. This number is not large, and the entry threshold is not high. At the same time, the discount of 588 yuan per copy is also to hope that more participants in the Filecoin field will enter. There is no limit on the number of copies purchased by a single user, but the total supply is limited. We still hope that everyone will participate in this project rationally according to their own capital allocation as much as possible. Tony: The host just mentioned that Mars Cloud Mining is currently the only external computing power partner of the Force Zone. First of all, I would like to thank both teams for their long-term understanding and recognition of each other. As an open computing power service platform, Mars Cloud Mining has a huge user community base and has established extensive connections with outstanding technology companies in the industry. We are willing to work closely with leading technology service providers in the industry to promote the construction of the Mars Cloud Mining Filecoin ecosystem and provide more miners with a transparent and reliable Filecoin investment channel! Mars Cloud Mining has conducted a long-term research on the Filecoin market and found that the Force Zone team is relatively mature in technical solutions, has a complete team structure, and has an entrepreneurial mentality for long-term development. Indeed, many users have asked me about this product strategy in the past two days. I believe that some fans of the Force Zone also know that the products of the Force Zone on the market start at 20T. After many communications between the two parties, we have also won an opportunity for Mars Cloud Mining users to enter with a more general threshold. At the same time, we also provide coupons for users who make reservations. Now you can enjoy a purchase discount of 100 against 588 by making an appointment, and you can also get FIL futures benefits from the Cocoa Exchange for every purchase. Bai Li: We have indeed not given this preferential treatment to other parties. Zhang Han: The fourth question is, how do Force Zone and Force Mining Pool perform on the Filecoin test network? In what key parameters do they have advantages? Please give a detailed introduction with specific data. Bai Li: Okay, let me introduce our consistent performance. In general, we are very satisfied with the performance of The Force Pool in the entire test network, including the previous development network, and we have a good performance to give to our users. I will introduce them one by one according to the time nodes. When Testnet Phase 1 was launched on December 12, 2019, in addition to the official pre-mining test nodes, the first node on the list of The Force Pool was T01081, followed by the second node on the list, T01116, and the third node on the list, T01050, all of which belonged to the Force Pool node. When Testnet Phase 2 was launched on May 15, 2020, in addition to the official pre-mining test nodes, the first node on the list was T01038, which belongs to the Force Mining Pool node. Ranking is the most intuitive result that miners pay attention to, but it also has limitations. Let us share another data: 2 hours and 58 minutes! This is the performance of sealing (data sealing) of 32G Sector when T01038 was listed on May 15. It only took less than 60% of the official expected value of 5 hours, ranking first in efficiency in the entire network. In addition to these data, we also attach great importance to the true significance of testing. During the entire test network cycle, the technical team of The Force Mining Pool conducted dozens of tests and collaborated with the official to solve and optimize many bugs of varying sizes. The one that impressed me the most was when the network block height became abnormal or even stagnant, and the entire network was semi-paralyzed. After our engineers communicated with the official core engineers, they used our engineers' optimization solution to successfully restore the network to normal operation. The Force Zone has always impressed our customers with its technical performance. Everyone can look forward to our performance in the next 4 million FIL battle. Zhang Han: The fifth question is, can the Force Zone computing power products launched by Mars Cloud Mine participate in the 4 million FIL big miner reward? Is there a sales deadline for the computing power that can participate in the reward? Tony: Then give a very brief and rough answer Bai Li: Okay, simple and crude, okay! Tony: The Filecoin computing power sold by Mars Cloud Mining will be included in the rewards for big miners Bai Li: This 4 million FIL is a great opportunity for universal benefits. Don’t miss the real money reward. Users who purchased ForcePool storage space on or before July 15th can participate in this reward plan. Tony: The time for big miners to be rewarded is getting closer and closer, which means that everyone is under pressure to deploy machines. In order to allow Mars Cloud Mining users to enjoy more benefits, the Force Zone also strongly supports this time and extends the sales period of this batch of computing power products to July 15th. Bai Li: The key point is before July 15th. Tony: I think investors can make a certain amount of asset allocation based on their own financial situation. Filecoin comes with a strong consensus and may trigger a new round of bull market Bai Li: Yes, this is also what we are optimistic about. Tony: The following sentence comes from a user's real feedback. The cost of trial and error is far lower than the cost of missing out. Bai Li: It's a bit hard to pronounce, but it makes sense if you think about it carefully :D Zhang Han: Okay, the sixth question. Many users are asking about the mining efficiency of ForcePool computing power in the Force Zone. How long will it take for the Force Zone computing power purchased by users to be packaged? Bai Li: We mentioned earlier that ForcePool sealed a 32G Sector in 2 hours and 58 minutes. In May, we achieved the goal of sealing a 32G Sector in 2 hours and 43 minutes, breaking our own record at the time. I can say responsibly that our mining efficiency is in the leading position in the entire industry. Regarding how long it takes to seal, we hope everyone can understand the background that the current network implementation has not been finalized, and the network conditions during sealing are not uniform. In the end, the so-called specific sealing speed per T per hour is a continuously floating dynamic value. Further analysis shows that when other hardware facilities outside the machine storage layer are improved, this dynamic value will also increase, but it is a nonlinear trend. Zhang Han: Currently, several manufacturers have performed very well on the test website, ranking first in various data. How does the Force Zone view the data? Bai Li: First of all, the data has always existed. Don’t blindly believe in the number one ranking in computing power. Rankings can only show that mining organizations are capable of mining, but that’s all. In fact, it is related to the amount of equipment invested by each company. That is, if the scale of investment is different, the results will also be different. To truly see the strength of a mining organization, you need to consider many aspects. Including technical accumulation, the strength of each round of test network and continuous ecological contribution, these are particularly important. The Force Zone has always been committed to contributing to the ecology. In addition to knowledge preaching, it also actively participates in official testing, contributes code, and optimizes algorithms. At the recent miners' conference, it also occupies an important seat in the official ecological map, which is also the official recognition of the Force Zone. Being able to achieve good performance on the test network is first of all a demonstration of technical strength. Based on our technical strength, we took the lead in launching the Global Partner Program. Since the Force Zone launched this global partner program, many friends around the world have contacted us for cooperation. You can see our global partner node map. There are cooperation nodes in 6 continents (except Antarctica). We also welcome friends with strength to join us. Zhang Han: Question 8: For users who have purchased computing power from the Force Zone, what methods will the Force Zone use to protect the interests of users? Bai Li: If you cannot mine FIL, you can get a full refund! Protecting the interests of users is a big consideration for us. Investment is the realization of cognition. We hope that users can make their own rational investment decisions through the technical accumulation, time accumulation and market accumulation shown by the Force Zone, as well as their personal understanding of the Filecoin field. Customers choose Force Zone, which shows their trust in us. We will also do our best to bring users as much benefit as possible and obtain more FIL by continuously optimizing our software, hardware configuration and operation and maintenance services. Zhang Han: Question 9. Everyone knows that investment involves risks. So what are the main risks of investing in Filecoin computing power and mining machines at present? Bai Li: Investing does have risks, and the risks of mining machines mainly lie in the potential unknowns of the network. Those who are familiar with Bitcoin may know that, for example, for a newly configured machine, we can calculate an accurate threshold through parameters such as computing power, total network computing power, and total network difficulty, and can also estimate when it will be eliminated. But for Filecoin, first: the main network version is undetermined; second: the uncertainty of network upgrades, which is not friendly to long-term miners. Cloud computing is based on the mining pool model. The distributed mining pool architecture is a way for miners to participate that is highly recognized by the government. However, investment is a big threshold for cloud computing. The cloud computing service providers that have suddenly emerged in the market are uneven. Research is very important. It is also important to choose a reliable institution and do your own analysis. It is recommended to choose a company that has demonstrated technical strength. Let me say a little more about mining machines. If the risk is compared with cloud computing power, the risk may be greater. The algorithm may change. It is currently SDR, and it may become NSE after the mainnet is launched. We cannot say for sure at the moment. If you buy mining machines in advance, they may not be usable by then. Another big pitfall is the so-called storage space of the mining machine, which is not the real effective storage space. Usually the effective storage space is smaller than the purchased space, just like a 64GB mobile phone may only have 60GB of space. As for the computing power, it is what is marked, and it will not cause a waste of computing resources. Zhang Han: Last question, can you provide some Force Zone pictures or videos to show your strength? Bai Li: OK, I just mentioned a timeline of mining pool performance, so let me show you a screenshot of the filscan browser. I would also like to say that the officially recommended browser filscan.io is made by us, and we also recommend the wallet filwallet They are all our software products. Testnet2 has the fastest growth rate in the entire network This picture emphasizes why (Filecoin official member) said during the second test that no one would be able to complete it within 5 hours, but the Force Zone node was online in 2 hours and 58 minutes. Because the speed was too fast, there were some doubts. We challenged the official and completed it in 2 hours and 43 minutes. We broke our own record and were recognized by the official team. You can see the screenshot on slack as evidence. The great dtynn mentioned in the screenshot is our technical member. We have also made a lot of development contributions to the official, which you can check on GitHub. These are also direct screenshots. The screenshots above are proof, and this picture is a summary. In short, the Force Zone has been providing technical services and insisting on using technology to empower the IPFS/Filecoin community. It is of vital importance to live up to the friends who choose us. There are many other contributions, including the SDR algorithm that is still in use today, which was officially finalized with the assistance of our team. That’s all I have to say for now. Thank you very much for your recognition. Zhang Han: Thank you both guests for your wonderful sharing. |
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